Vision Hydrogen (OTCQB: VIHD) has acquired VoltH2 Holdings AG, one of Western Europe’s leading developers of hydrogen production facilities and infrastructure. The transaction involved Vision Hydrogen acquiring the remaining 84.1% interest of VoltH2; combined with the 15.9% interest the company owned previously, VIHD now owns 100% of VoltH2. In conjunction with the acquisition, several appointments were also announced. Andrew Hromyk and Andre Jurres have been named Vision Hydrogen’s co-CEOs and will also serve as directors. Arron Smyth has been appointed executive vice president of corporate development, and Andy Hidalgo, Vision Hydrogen’s former CEO, will serve as senior vice president; Hidalgo also resigned as a director to facilitate the appointment of Hromyk and Jurres to the board.VoltH2 is a European-based developer of clean-hydrogen production facilities designed to supply commercial offtake volumes of clean hydrogen to manufacturers, gas and power traders, and industrial consumers, as well as heavy and marine transportation sectors. The company has built a reputation for maturing development sites through to permit and is leveraging its first-mover advantage.
To view the full press release, visit https://ibn.fm/nhhG3
About Vision Hydrogen Corporation
Vision Hydrogen is focused on hydrogen production for transportation and power requirements, with a goal of contributing to a clean-energy environment. The company is committed to provide the highest-quality hydrogen production, storage and distribution services for the hydrogen economy supply chain, serving residential, commercial and government sectors. Through its wholly owned subsidiary VoltH2, Vision Hydrogen designs, develops, constructs and operates green hydrogen plants in Northwestern Europe, with production facilities being developed in Vlissingen and Terneuzen in the Netherlands. Plant production forecasts are to commence production output in 2023, and each plant will have the capacity to produce up to 3.5 million kilograms of green hydrogen per year, scalable up to a combined 24.5 million kilograms. Strategically located within North Sea Port, the end product will be transportable by road, rail, waterways and pipeline. Local industry will be able to purchase green hydrogen in order to meet its environmental objectives. For more information about the company, please visit www.VisionH2.com.
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@InvestorWire.com
InvestorWire is part of the InvestorBrandNetwork.
